Bigness can shun golf in February as the leaderboards of lucrative tournaments can teem with strangers known only to next of kin and perhaps not even to some of their cousins.
It is not the fault of these men that the public is too busy describing on Facebook what they had for dinner to learn the golfers' names and appreciate their rare talent. It just counts as another signal of an imperfect world.
So when a golf tournament gets bigness in February, still months from the gravitas of the spring-and-summer majors, that tournament can call itself fortunate. And when a tournament has a 10-minute moment like the one the Dubai Desert Classic had yesterday, well, that makes for one rare February Saturday at the course.
As the round wound down, suddenly everybody trying to solve chronic issues on the putting green gawked upward en masse at the big screen to witness a crescendo and a Tiger Woods fist-pump - about a "5" on the old Woods Fist Pumpometer - after his birdie putt slid in on No 18 and brought tighter contention on a day when he once trailed by eight.
Then while he took a fresh turn as a comic beneath the grandstand - "Eighteen pars," he cracked of his wild round with only eight of them - the television monitor showed Sergio Garcia in the wilderness and oases around No 17.
He appeared to be out there in the sand somewhere in need of a compass and a pith helmet. As it happened, he would commit both double-bogey and eloquence when he said, "Apparently the odds of hitting an eight-inch-wide pond from 340 yards are bigger than I thought."
And then to complete the moment, just off to the side of the stand where the No 17 tee sort of cowers against the edge of the grandstand back wall, Rory McIlroy stood chatting with spectators mashed against the little wall just behind the tee box.
Garcia tried to figure it out and "hit a trunk" as he would put it; McIlroy and his playing partner, Thomas "Hair" Aiken, waited to tee-off on the reachable par 4; and McIlroy chatted.
And he kept chatting. No imaginary barrier between himself and his viewers. Just a thoroughly enviable 21-year-old golf pro standing there chit-chatting. So then the way cleared and Aiken drove and McIlroy stopped chatting and turned around and boomed a sonnet of a drive that thrilled the masses.
Some cowboy, that guy. Within the 10 minutes, Garcia had come back to the pack, Woods had come forward and McIlroy had held together enough from a garish start that their scores had congealed all within one shot of each other. And with the populous parade of Hansens and "Hair" Aikens and Quiroses around there, they showed how you bring bigness to February.
First, you take Woods out of the United States and relocate him briefly to the hotter tour. Then you have the famed Garcia finding himself and answering his official 10-millionth lifetime question about his putting. Figure in Lee Westwood, nibbling nearby. And then already, so early in McIlroy's life out on the European Tour, it helps hugely to have McIlroy.
Even if you do not have the reigning Tour champion Martin Kaymer, who found Dubai less agreeable than Abu Dhabi with his 14-par, four-bogey 76 that sank him to a paltry even par, that's all right, if you have McIlroy.
McIlroy won here two years ago; he won in North Carolina on the Second Fiddle Tour last year; and he has the abundant confidence to state plausibly that he should have won more.
Strictly on statistics, some reasonable sorts might omit him from the bigness brigade just yet.
But this is where you insert the charisma factor, the fact that McIlroy comes to us loaded with that charisma thing they call "it" - the infectious chat-then-belt enchantment of it all.
He shies not from his own expectations, and his own expectations rate steep.
He speaks none of that 21-and-learning gobbledygook. He thinks he should win big things.
Yesterday, he admitted he has let rounds get away from him in the past - especially at the British Open last year – and was delighted that did not happen again in Dubai.
So here, as he steeled from his bogey-bogey-bogey start, and as he recovered similarly from early duress on Friday, he is a welcome part of any afternoon of bigness. Already. At 21.
Besides, if you can harrumph at a guy who chats it up at the tee box and then turns around and gives it a blast while jockeying for the lead, well, then you might just need to cheer up in general.
cculpepper@thenational.ae
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
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Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal
Stars: Basel Adra, Yuval Abraham
Rating: 3.5/5
What are the influencer academy modules?
- Mastery of audio-visual content creation.
- Cinematography, shots and movement.
- All aspects of post-production.
- Emerging technologies and VFX with AI and CGI.
- Understanding of marketing objectives and audience engagement.
- Tourism industry knowledge.
- Professional ethics.
MATHC INFO
England 19 (Try: Tuilagi; Cons: Farrell; Pens: Ford (4)
New Zealand 7 (Try: Savea; Con: Mo'unga)
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The 12 Syrian entities delisted by UK
Ministry of Interior
Ministry of Defence
General Intelligence Directorate
Air Force Intelligence Agency
Political Security Directorate
Syrian National Security Bureau
Military Intelligence Directorate
Army Supply Bureau
General Organisation of Radio and TV
Al Watan newspaper
Cham Press TV
Sama TV
Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.